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20110701
20110731
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before midnight. jon karl is watching it all from capitol hill. the speaker says he'll try again today. >> reporter: he will. but, george, this debt ceiling crisis has become a political crisis for republicans. boehner's going to convene all 240 house republicans this morning to make 1 final push for it. but the reason he pulled the bill last night is he just couldn't get enough republicans to pass his own bill. republican leaders worked late into the night, trying to get the votes to pass their own debt ceiling bill. reporters swarmed around utah republican jason chaffetz as he emerged from a tense meeting in speaker boehner's office. he told us he's still not sure. how much pressure is there on you to change your mind on this? >> i'm very plenty surprised that they are not twisting and ripping arms off. >> reporter: the speaker said he can't do his job if you guys aren't there to support him. >> i am fully supportive of the speaker. >> reporter: this is his most important vote yet as speaker. >> i just can't support his bill. but i do support the speaker. >> reporter: but for speaker
appearing stronger heading into the 2012 race than he was just a few weeks ago. we want to bring in jon karl to help weigh in on these numbers. jon, we were talking earlier on the surface it seems like a few points shift here. but given the backdrop of this economy and unemployment this is fairly dramatic. >> reporter: is pretty dramatic. and the factor seems to be the debt ceiling standoff. take a look at the numbers against mitt romney, the president has opened up a lead, a pretty significant lead you see there of 51% to 44%. the lead is even more dramatic against other other candidates. look where he was a month ago, david. mitt romney was tied with president obama. the big factor here, in fact, the only factor that has really changed is that independent voters have moved away from the republicans and towards the president. >> so, independent voters watching the debt showdown and weighing in. >> reporter:s that's exactly right. and don't like the way the republicans have been handling it. >> speaking of the republicans, you take a look at how they're stacking up with the race. and a famil
bake or sn crab and crab butter shrimp. [ jon i wouldn'tut it my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea fd differently. we're just concerned about the price. we're starting a family. it's a ally good deal. [ car alarm ] show me the carfax. show me the carfax. but it's a really good deal. [ car alarm ] show us the carfax. yeah. before you buy a used car, get a carfax vehicle history report. see accidents and service reported to carfax... and a price based on the car's history free at thousands of reputable dealers. just say, show me the carfax debt ceiling deadline politicians on both sides are trying to hammer out a last minute deal. harry reid is now accusing the speaker of the house boehner of pandering to the tea party movement. >> i believe it is time for the house republicans to face facts. they are struggling to save a tea party bill. it is not a balanced solution. speaker boehner's plan is not a compromise. it was written for the tea party, not the american people. democrats will not vote for it. democrats will not vote for it. democrats will no
shrimp. [ jon i wouldn'tut it my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea fd differently. the frontline plus killing force is there annihilating fleas and ticks. visit completekiller.com and get a coupon for frontline plus. debt ceiling deadline politicians on both sides are trying to hammer out a last minute deal. harry reid is now accusing the speaker of the house boehner of pandering to the tea party movement. >> i believe it is time for the house republicans to face facts. they are struggling to save a tea party bill. it is not a balanced solution. speaker boehner's plan is not a compromise. it was written for the tea party, not the american people. democrats will not vote for it. democrats will not vote for it. democrats will not vote for it. it is dead on arrival in the senate. >> sean: if what prince harry reid says is true i wonder why many in the tea party oppose the boehner bill? joining me with reaction michelle malkin is here. welcome back. >> thanks for having me back sean. >> sean: the fascinating thing about this is, many conservatives, most
markets. let's get a reality check from abc's countdown team. jake tapper at the white house. jon karl on capitol hill. bianna golodryga from the new york stock exchange. looking at the asian and european markets overnight, there seems to be concern but not panic yet, bianna. >> reporter: that's right. wall street seems to be patient with washington. markets opening blower. just about 130 points lower. not the knee jerk reaction that people were fearful of. things are still at an impasse. even though the markets aren't selling off, people are concerned about what's still on the table a credit downgrade. the s&p says the u.s. could lose its aaa ratings in the next three months. that would mean that interest rates go higher. it would be more difficult for people to get a loan out there. and it could be a big burden for this economy, as we're just starting to recover. george? >> jon, they had been hoping on capitol hill to come up with some sort of deal before the markets opened today. that has not happened. it seems, the only thing that everyone seems to be accepting th
the latest for us overnight. good morning, jon. >> reporter: good morning, robin. we are reaching crisis time here on capitol hill. the republicans delayed a vote on their bill in the house because they don't even have enough republican votes to pass their own bill. democrats don't have the votes to pass their bill either. the only thing certain up here right now is that everything is in doubt. >> we appreciate you calling. >> reporter: the calls are pouring in. plenty of outrage but like congress itself, the callers seem hopelessly divided. >> i would really like for him to hold the line against any deal in congress. >> i am calling to ask that you cooperate with the president's efforts. >> reporter: the whole place seems to have broken down. republicans can't even convince some of their own members to vote for the republican plan. in a closed door meeting republican leader eric cantor told fellow conservatives to "stop whining and support the bill." acknowledging "the debt limit vote sucks." across the country, that's the view of washington itself. >> no one is certainly listening to the pe
? >> jon, they had been hoping on capitol hill to come up with some sort of deal before the markets opened today. the only thing that everyone seems to be accepting that any deal won't include any new tax increase. >> that's the big deal. you have harry reid coming up with a plan for democrats. that he says includes $2.7 trillion in spending cuts over the next ten years and gives the president the debt ceiling increase that takes him all of the way to 2013. republicans are already saying that those -- his plan includes gimmicks and phantom cuts. so the republicans are coming up with their plan, which would include about $1 trillion in cuts now. it would require the president to come back to congress next year to ask for another debt ceiling increase. >> that's the huge sticking point for the white house. the president has made it clear time and time again that he won't sign a short-term increase. he squashed it at the meeting last night. >> republicans leaders have said that as well. they didn't want any short-term solution to this problem. they changed their tune on this. white house said
Search Results 0 to 15 of about 16 (some duplicates have been removed)

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